The process is fast and you can get a decision on your loan as soon as the same day, often within minutes of completing our form.

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Can a private person buy a loan from a bank

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Can a private person buy a loan from a bank

But to avail Insta Loan facility one has to be eligible as per the eligibility criteria mentioned above. Failure to meet eligibility criteria will result in rejection of your online personal loan application. Credit RatingCIBIL Score: To avail an Insta Loan, the applicant should have a minimum CIBIL Score of 750. CIBIL Score is the reflection of your borrowing and repayment history. A good CIBIL Score implies that so far you have had a good mixture of secured and unsecured loans and you have been regular and timely with your repayments.

An applicant with good CIBIL Score stands out as a Credit Worthy Borrower, who will be regular with the repayment of the Insta Loan (if disbursed). So, it will be a good idea to become regular with your existing repayments (if you have not been so far, or continue cash advance 24 hoiursa if have been already).

Can a private person buy a loan from a bank